In a “Statement of Intent for Doing Business with the World" the leaders of twelve WBCSD member companies commit to looking beyond corporate philanthropy to search for responsible, sustainable and inclusive business models that are good for business and good for development.
Through the statement, the business leaders, all members of the Development Focus Area Core Team (FACT), pledge “to play our part in building capacity and empowering people so they have the opportunity to move out of poverty and into the formal economy.”
Intending to help create new businesses, new markets, new suppliers, new employees and new customers among the world's low-income segment, the FACT members strongly believe that “if these efforts are to be substantial and sustainable, they must also be profitable. Our major contribution to society will therefore come through our core business activities.”
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